649 W Gladstone Street

San Dimas, CA 91773

PRICE REDUCED

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-$100,000 (-2.86%)

$3,400,000

List Price

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Property Description

Unlock the potential of this exceptional vacant land opportunity nestled in the vibrant heart of San Dimas. Property is in a prime location at the corner of N Amelia Ave & W Gladstone St, this expansive 1.61-acre lot presents an enticing prospect for builders and investors alike. The true value of this property lies in its development potential, with land entitlements already secured and a tentative tract map for subdivision approved. This parcel offers the drafted plans for the creation of six detached single-family homes. Each residence provides a spacious living environment, ranging from 2383 to 2597 square feet, providing ample room for comfortable modern living. Encompassing a total of over 70,000 square feet, this sizable lot presents endless possibilities. *Each lot has the capability of building a ADU adding another additional maximum of 1,000 livable square per ADU.* The most recent plans have the proposed livable square footage as 19,754. Located a mere 0.2 miles away, Arma J. Shull Elementary School, boasts a stellar 10 rating and provides an excellent educational option for families. The bustling Glendora Marketplace is also within easy reach, offering a plethora of shopping, dining, and entertainment options just 0.8 miles away. A small single-family house currently occupies a portion of the land, offering 2 bedrooms and 1 bathroom with approximately 750 square feet. Additionally, a liquor store building comprising approximately 1400 square feet stands on the lot.

Listing Information

List Price $3,400,000
Status Active
MLS CV24068778
HOA $0
Type Land
Lot Size 70,205
Structure Size N/A
DOM 143
Courtesy Of ALLEN WU, BROKER
Listing Agent ALLEN WU DRE#01215119

Interior Features

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Maps

Listing information courtesy of: ALLEN WU, ALLEN WU, BROKER . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:30 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.